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ARTICLE · 15 SEPTEMBER 2017

FINRA CEO Provides Testimony On Current Regulatory Efforts

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FINRA CEO Robert Cook testified before the House Financial Services Subcommittee on Capital Markets, Securities and Investment regarding (i) FINRA's agenda, structure and initiatives...

United StatesFinance and Banking
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FINRA CEO Robert Cook testified before the House Financial Services Subcommittee on Capital Markets, Securities and Investment regarding (i) FINRA's agenda, structure and initiatives, (ii) the role that self-regulation plays in the U.S. capital markets, and (iii) FINRA's relationship with and oversight by the SEC (see prepared remarks and written testimony).

Mr. Cook highlighted the FINRA360 initiative, a program to review FINRA's organizational performance (see previous coverage), as an example of FINRA's commitment to comprehensive evolution and improvement. Mr. Cook stated that FINRA360 spurred several actions intended to improve FINRA's performance, including consolidating the organization's enforcement functions (see previous coverage). Mr. Cook identified several other actions taken by FINRA in order to "meet the needs of investors," including:

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